Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.
Emperador Inc., the liquor unit of tycoon Andrew Tan, reported a 6.5 percent increase in first quarter net income to P1.85 billion on the back of an aggressive global expansion across key liquor markets.
Emperador Inc., the liquor unit of billionaire Andrew Tan’s Alliance Global Group, is repositioning its brandy portfolio toward the lower-priced segment in a bid to recover from a difficult 2024, where net income dropped sharply on the back of weakening global demand and continued investment spending.
Mactan Cebu International Airport (MCIA) has partnered with online travel platform Trip.com to boost Cebu’s standing as a key travel hub, bringing more flight choices, easier booking and exclusive discounts to domestic and international commuters.
International Container Terminal Services Inc.’s Mexican unit has secured authorization to handle deeper-draft vessels, giving its terminal at the Port of Manzanillo an edge in accommodating the world’s largest container ships.
A consortium led by Maynilad Water Services Inc. and Korea Water Resources Corp. (K-Water) has secured original proponent status for a proposed P14.8-billion water supply and wastewater management project in New Clark City, moving the long-term utility project into the next stage of the public-private partnership process.
Department of Environment and Natural Resources Secretary Juan Miguel “Mitch” T. Cuna called on all local government units to follow Bayawan City’s example, proving proper landfill design and solid waste management are fully achievable under Republic Act 9003.